PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.37

Today's Change

+0.01 (0.19%)

Day's Change

5.33 - 5.39

Trading Volume

2,960,200


18 people like this.

15,895 comment(s). Last comment by Augustine 5 days ago

mamatede

3,950 posts

Posted by mamatede > 2017-01-01 23:57 | Report Abuse

With Philippine, Taiwan, Malaysia, us, china, Indonesia and maybe Singapore going to boost expenditure on infrastructure another cycle of boom for commodities highly likely to happen , stay tune

moneykj

6,112 posts

Posted by moneykj > 2017-01-03 10:59 | Report Abuse

Who bot at low last week have to thanks Capitalist... expert in account. Last time also one expert in commodities ask to sell at 2.40. Telusdansuci can you remember his name?

mamatede

3,950 posts

Posted by mamatede > 2017-01-03 16:14 | Report Abuse

hello sexy

wikioon

196 posts

Posted by wikioon > 2017-01-03 17:00 | Report Abuse

looks like investor play game on tues and not last fri. prob too many ppl on leave. cross 1.70 easily, possibly hit 1.75?

mamatede

3,950 posts

Posted by mamatede > 2017-01-03 17:08 | Report Abuse

1.85 in 3 months time ?

moneykj

6,112 posts

Posted by moneykj > 2017-01-03 17:11 | Report Abuse

Expected best ever results coming q. Above 2.00 before results comes out.

Winwin98

144 posts

Posted by Winwin98 > 2017-01-03 17:19 | Report Abuse

Pmetal chart looks good, still got potential to climb up higher..

FLMF

131 posts

Posted by FLMF > 2017-01-03 17:53 | Report Abuse

Pmetal best =)

moneykj

6,112 posts

Posted by moneykj > 2017-01-03 19:27 | Report Abuse

Can you all remember what Paul Koon said at the last Agm?

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-03 20:00 | Report Abuse

Yes moneykj i remembered , Dato' Paul Koon was targeting Rm 6 billion turnover for the financial year ending 2016 but i don't remember who is that expert in commodities ask to sell at Rm 2.40 last time . Pmetal boleh dan tetap boleh .

moneykj

6,112 posts

Posted by moneykj > 2017-01-03 23:17 | Report Abuse

Yes telusdansuci, 6 billion he mentioned. One more thing you left, 6b if lme stay above 1600. Months ago I hv shared with you that, by the figure he has hinted the share price will go to 4.61(after ex is 1.65). You all can see what's the share price now. How about if lme stay above 1700? Fyi, lme average for Oct is 1663, Nov 1735 n Dec 1730. It's the highest 3 months, even 1663 is higher than any other month of 2016(and not the low alum price claimed by the account expert, you see where his credibility). Now still traded at above 1700. 100 usd equal to Rm1.00 hike in share price. It's 5.61(after ex 2.00). How far the share price can go? It depend on lme price. Alum price began its cyclical hike about 10 months ago. 1 cycle range from 18 to 30 months. I can say is, at least 6 months the lme in the uptrend. Let's see...

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-03 23:29 | Report Abuse

Sometimes invisible things are more powerful than the visible one . As i mentioned earlier , this counter got so many invisible hands . Don't listen to all the negative news which was create by some people in this forum . I only listen to the message given by management teams . Pmetal boleh dan pasti boleh ini kali .

gcke

1,359 posts

Posted by gcke > 2017-01-03 23:32 | Report Abuse

If you were to look at the Technical Charts for Press Metal,some points can be picked:
1.The movement and uptick in price is gradual and no sudden fall or drop.Similar to George Kent and Ekovest.
2.Eventough the MACD line is slightly below signal line but it is still above neutral line.Means there is support for any downtrend in price for some unexpected event.
3.The Relative Strength Index(RSI) show the line moves above 50 which show buying momentum is strong and able to absorb any selling pressure.Any line above 50.0 signal buying.
Just for sharing.Good Luck.

View the technical chart:http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=8869

gcke

1,359 posts

Posted by gcke > 2017-01-03 23:41 | Report Abuse

A basic Frequently Asked Questions(FAQs) on Foreign Exchange Management.For those interested to know more,read http://www.unesco.org/new/fileadmin/MULTIMEDIA/HQ/ERI/pdf/FAQonFX_ENG.pdf

Correction : The earlier post the line at RSI chart is trending upward which signals can start to buy or collect.When the line later moves above 50,the buying momentum is very strong.

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-03 23:52 | Report Abuse

Thank you moneykj i agreed with you that i have left one thing here . Ini kali Pmetal pasti boleh . My TP Rm 2.00 - Rm 2.50 coming soon . Moneykj how about your target price ? Pls share with us . Thank you .

gcke

1,359 posts

Posted by gcke > 2017-01-03 23:53 | Report Abuse

LME price trend for metal like Aluminium.

View: http://www.metalradar.com/lme-prices/aluminium/

moneykj

6,112 posts

Posted by moneykj > 2017-01-04 00:32 | Report Abuse

Short term 2.00. Long term 2.50.

Investo

1,975 posts

Posted by Investo > 2017-01-04 07:52 | Report Abuse

早安 Wed...........mid-week aready :-)
Back 2 work. Happy New Year!
Wah, PMetal new year fly. Give everyone ang pow! Laugh

gcke

1,359 posts

Posted by gcke > 2017-01-04 08:04 | Report Abuse

Huhuhu...it is difficult to say when the price will touch 4.00.The stock price movement(uptick or downturn) is subjected to many imponderables beyond our controls.Some of the market forces- sudden upheavals in commodity market; foreign exchange market volatility; dire socio-political situation in our country....
To maximise your returns keeps up to date with the latest news.Do not just follow the crowd.The best judgement lies with each individual investor.Good luck.

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-01-04 08:55 | Report Abuse

Haha.....sell all if hitting rm2.50. Good enuf for me.

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-04 09:14 | Report Abuse

Banyak cakap tak guna . Banyak beli baru ada guna . Pmetal pasti boleh ini kali . Greatful you are right , buy and keep until you retire and don't bother what's going on unless you need the money . The longer you hold the better you are . Terima kasih .

wikioon

196 posts

Posted by wikioon > 2017-01-04 09:14 | Report Abuse

just my opinion, pmetal has already weather the downtrend in commodity cycle, (hence their 1.50 share price back in 2013/14 - still rmbr those tough days. now the whole commodities mkt is on a bounce, same with pmetal. but share price is also dependant on other factors - dividend payout, pe, eps ratio, etc. regardless, pmetal recognising their full potential now, riding on lme prices. next push factor is their 3 year agreement with china corp to source cheaper raw materials. once this comes into play, bottomline margin boosted. 3 months target 1.85; 6 months (if lme goes to 1800-1900) is 2.00.

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-04 09:33 | Report Abuse

Saham Pmetal bukan main-main punya . Tak naik , tak naik dan satu kali naik hingga kaw kaw punya . Pmetal pasti boleh punya ini kali .

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-04 09:48 | Report Abuse

Investo , sudah beli atau belum . Jika belum beli masih ada peluang lagi . Tak beli betul-betul rugi . Ini kali pasti boleh punya .

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-04 10:01 | Report Abuse

Good news going to announce soon . Pmetal pasti boleh ini kali . Terima kasih .

wikioon

196 posts

Posted by wikioon > 2017-01-04 10:55 | Report Abuse

super good quarter ending 31/12. inside sharks has already gotten hold of the news. expecting 10% jump in quarterly revenue, given higher lme prices and favourable fx translation

valuelurker

1,133 posts

Posted by valuelurker > 2017-01-04 11:07 |

Post removed.Why?

zzzzz

1,872 posts

Posted by zzzzz > 2017-01-04 11:21 | Report Abuse

1.75 still can buy ?

Awet91

1,934 posts

Posted by Awet91 > 2017-01-04 11:30 | Report Abuse

Buy and hold huhu

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-04 16:38 | Report Abuse

yes something brewing

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-04 16:39 | Report Abuse

a breakthrough above 1.73 indicate a buy. next resistance 1.85

Winwin98

144 posts

Posted by Winwin98 > 2017-01-04 19:59 | Report Abuse

Pmetal chart still looks bullish, got potential to climb up higher. Cheers..

Peanuts

34 posts

Posted by Peanuts > 2017-01-04 22:26 | Report Abuse

http://www.stockhut.com.my/news/242708
TP RM2.00

Investo

1,975 posts

Posted by Investo > 2017-01-05 08:00 | Report Abuse

早安 Thurs........... :-)
Wah, PMetal new year really hero. Weak RM good 4 exporters. Laugh

mamatede

3,950 posts

Posted by mamatede > 2017-01-05 10:23 | Report Abuse

Yeah Malaysia need more usd earner !

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-05 10:37 | Report Abuse

Investo, terima kasih jika sudah beli , ya . Jika sudah jual awal betul-betul rugi . Akan naik sampai good news announce . Pmetal boleh dan CSC STEEL pun boleh .

wikioon

196 posts

Posted by wikioon > 2017-01-05 10:38 | Report Abuse

revenue exceed 2 bio? profit hit 200m? time to announce 2c dividend to conclude spectacular year.

wikioon

196 posts

Posted by wikioon > 2017-01-05 10:41 | Report Abuse

already hit the psychological 5.00 pre-bonus. time to forget about past performances. now next target at 2.00

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-05 11:43 | Report Abuse

big hand is buying while ikan bilis is selling. uptrending now

zzzzz

1,872 posts

Posted by zzzzz > 2017-01-05 11:50 | Report Abuse

RM1.80.... WOW

mamatede

3,950 posts

Posted by mamatede > 2017-01-05 11:55 | Report Abuse

big hand positioned well for the year 2017, ikan bilis so fast wanna sell?

moneykj

6,112 posts

Posted by moneykj > 2017-01-05 16:10 | Report Abuse

greatful, counters from my portfolio got try ar?

moneykj

6,112 posts

Posted by moneykj > 2017-01-05 17:14 | Report Abuse

Go to my stock pick 2017 portfolio

brgrfan

48 posts

Posted by brgrfan > 2017-01-05 17:34 | Report Abuse

moneykj, i wan also =)

mamatede

3,950 posts

Posted by mamatede > 2017-01-05 18:20 | Report Abuse

http://www.theedgemarkets.com/my/article/china-says-hit-record-retaliatory-trade-measures-2016, more cut for China Steel industry... Boom !

zzzzz

1,872 posts

Posted by zzzzz > 2017-01-05 18:42 | Report Abuse

Y turned red in d afternoon ? Volume huge ... sharks unloading to anchovies ....?

Investo

1,975 posts

Posted by Investo > 2017-01-06 07:38 | Report Abuse

早安 Friday..........so fast weekend coming again :-)
PMetal doing well but RM now steady aready. PMetal how?

zzzzz

1,872 posts

Posted by zzzzz > 2017-01-06 10:08 | Report Abuse

End of show ??? no volume today

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-01-06 10:11 | Report Abuse

Ya....seem can't break 1.80.

blacksnake

321 posts

Posted by blacksnake > 2017-01-06 11:04 | Report Abuse

take a rest first............ next week continue.............

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